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Q.

Can there be an increase in carpet area after contract?

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As per the Real Estate (Regulation & Development) Act 2016 (RERA), the developer can ask the buyer to pay an additional amount if the carpet area increases. However, RERA limits the carpet area increase to 3%. If the carpet area is reduced during construction, the builder must reimburse the purchaser for the excess with annual interest within 45 days.

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